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Banking in Italy

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Title: Banking in Italy  
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Subject: Economy of Italy, Banking in Italy, Intesa Sanpaolo, Banca d'Italia, Banca delle Marche
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Banking in Italy

Banking in Italy has, as of 11 October 2008, an average leverage ratio (assets/liabilities) of 12 to 1, while the banks's short-term liabilities are equal to 86% of the Italian GDP or 43% of the Italian national debt.[1]

The origins of modern banking can be traced to medieval and early Genoa, Italy,[4] while Monte dei Paschi di Siena, founded in 1472, is the oldest surviving bank in the world. Unicredit is one of the largest bank in Europe by capitalization and Assicurazioni Generali is the seventh in the world by total assets

See also

References

  1. ^ http://www.nytimes.com/2008/10/11/business/worldbusiness/11charts.html?_r=1&partner=rssnyt&emc=rss&referer=sphere_related_content&referer=sphere_related_content&oref=slogin
  2. ^ Hoggson, N. F. (1926) Banking Through the Ages, New York, Dodd, Mead & Company.
  3. ^ Goldthwaite, R. A. (1995) Banks, Places and Entrepreneurs in Renaissance Florence, Aldershot, Hampshire, Great Britain, Variorum
  4. ^ Macesich, George (30 June 2000). "Central Banking: The Early Years: Other Early Banks". Issues in Money and Banking.  

External links

  • Major banks in Italy


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